Senior Analyst, Supervision (Insurance, Funds and Corporate Authorisations)

Senior Analyst
Supervision (Insurance) Department

The Bermuda Monetary Authority (Authority or BMA) is seeking the services of a skilled and capable individual to work as a Senior Analyst in our Supervision (Insurance, Funds and Corporate Authorisations) Department. Reporting to the Principal, the Senior Analyst will be responsible for performing supervisory reviews of a compliance nature, statutory return analysis, solvency capital evaluation, monitoring a portfolio of life (re)insurance companies and reporting findings and recommendations to a Principal for discussion and development of an action plan.

This is a key role for the Authority and the postholder will be responsible for, but not limited to:
• Assisting the Principal with the BMA’s day-to-day engagement with senior management and board members of Bermudian registered life (re)insurance companies or groups, as well as with other stakeholders, including global regulators
• Assessing the adequacy of financial resources held by Bermudian registered life (re)insurance companies and/or groups
• Undertaking risk-focused on-site reviews and analysis of life (re)insurance companies by utilising various risk assessment methodologies to evaluate compliance with existing laws, regulations, policies, plans and procedures and/or identifying risk issues
• Scheduling meetings, developing agendas, attending meetings alongside colleagues and drafting minutes to reflect discussions, decisions and action points between the Authority and Bermudian registered life (re)insurance companies regarding topical developments and areas of regulatory relevance
• Working with a Principal to formulate reports and proposed remedial actions for submission and discussion with management
• Monitoring the life (re)insurance market with a specific focus on developments in the insurance industry (local and international), regulatory bodies/regimes and/or accounting standards via monitoring of key indicators, newspapers, periodicals, media and relevant websites
• Monitoring regulatory issues and progressing relevant activity to a satisfactory conclusion by reviewing information, attending meetings, drafting memoranda and undertaking timely direct follow-up with company representatives
• Reviewing and analysing applications, including those from new life (re)insurance companies seeking authorisation to operate in Bermuda, in accordance with existing legislation, and reporting findings and recommendations to a Principal and/or Senior Manager for review and sign-off
• Evaluating enquiries from external stakeholders (e.g., regulatory bodies) and providing advice and/or making recommendations on how to respond
• Performing other related work and special projects as assigned by management in accordance with competencies normally associated with the post

This position requires a proven technical and business background. Therefore, the post-holder must have:
• A bachelor’s degree in business, finance, economics or an insurance-related field and/or equivalent qualification in insurance, finance, accounting, actuarial science or risk management from a recognised institution or professional body
• A minimum of five (5) years relevant experience working within the financial services industry, preferably in long-term insurance
• Working knowledge of the US and/or European regulatory system for life (re)insurers (e.g., US RBC, Solvency II) would be an asset
• Working knowledge of global capital markets and global life (re)insurance products would be an asset
• A track record of high-quality work while managing multiple assignments and competing priorities
• Strong interpersonal skills to build effective and productive working relationships with a diverse group of internal and external stakeholders
• A team player who can maintain resilience and motivation in the face of competing stakeholder positions and demands
• Strong written and verbal communication skills, selecting the right tone for each scenario and audience

The Bermuda Monetary Authority is the integrated regulator of Bermuda’s financial services sector. We offer the opportunity for broad exposure to international regulatory issues, special projects and a variety of work experiences.

If you are looking for a challenging opportunity in a team environment, we invite you to submit your application online via our ‘Careers at BMA’ page on www.bma.bm/vacancies. Applications for this position must be received no later than 01 May 2026.

Bermuda Monetary Authority is an Equal Opportunity Employer

BMA House | 43 Victoria Street, Hamilton HM 12 | careers@bma.bm | (441) 295 5278

Professionalism, Integrity, Accountability, Adaptability, Collaboration